Quarterly ResultMay 12, 2026, 03:32 PM
Helios Technologies Q1 Net Income $19.7M, EPS $0.59
AI Summary
Helios Technologies reported strong financial results for the first quarter ended April 4, 2026, with significant increases in net sales, net income, and diluted earnings per share. The company also saw a substantial rise in operating income and net cash from operating activities. Additionally, Helios reduced its long-term non-revolving debt and finalized the working capital adjustment for its CFP divestiture.
Key Highlights
- Net sales increased 16.8% to $228.4 million for the three months ended April 4, 2026.
- Net income surged 170% to $19.7 million from $7.3 million in the prior year period.
- Diluted EPS rose 168% to $0.59 compared to $0.22 in the same period last year.
- Operating income grew 75.9% to $29.9 million for the quarter.
- Net cash provided by operating activities increased to $23.9 million from $19.0 million.
- Long-term non-revolving debt, net, decreased to $244.8 million from $256.2 million.
- Dividends declared per share increased to $0.12 from $0.09.
- Finalized CFP divestiture working capital adjustment, adding $0.5 million AUD proceeds.
Price Impact
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